As already notification Previously, under the agreement, Google Cloud would act as a network operator for blockchain Flow by Dapper Labs, the expansive infrastructure that powers the entire ecosystem NFT, games and apps.

Janet Kennedy, vice president of Google Cloud North America, said the multi-year partnership will help Dapper expand its operations through the "secure, scalable infrastructure" provided by Google.

Google has also helped developers integration with its software is easier, one of the motivations to choose Google Cloud over competitors like Amazon Web Services.

Dapper Labs (FLOW) is invested by big funds

According to the latest information received, the company behind NBA Top Shot and  said completed a $250 million funding round at a valuation of up to $7.6 billion.

Coatue Ventures led the round, with a16z, GV (formerly Google Ventures), Version Ventures, BOND, GIC and several others.

“We have proven the concept, which is why investors are so eager to partner with us,” said Roham Gharegozlou, CEO of Dapper Labs.

Read more  2 Cardano projects simultaneously halted operation
Roham Gharegozlou, CEO of Dapper Labs

Gharegozlou believes that the future of tokens is irreplaceable () will be “fandom currency (community of fans)” and said the raise will help expand NBA Top Shot operations and create new sports ventures around the world, including European football with huge fan bases.

Dapper's investment round comes just one day after the foundation sport raised $680 million, at a $4.3 billion valuation.

In another announcement on Wednesday, Dapper Labs announced a partnership with LaLiga, Spain's top professional soccer league, to launch the soccer market.

The marketplace will showcase digital collections from 20 teams of , including two famous clubs Real Madrid and Barcelona.

Like Dapper Labs' hugely successful NBA Top Shot project, the LaLiga soccer market will run on Flow of the company. Dapper Labs plans to launch in the summer of 2022.

NBA Top Shot, Dapper Labs' crown jewel that has seen exponential growth over the past year, with $780 million in collectibles traded on the platform, is already over 1.1 million accounts registered by 2021.